"While business opportunities are promising, there are also growing uncertainties," Kyushu Electric said in a statement, referring to rising fuel prices, adding that it would push for further growth in its domestic electric power business.

The company did not provide further details.

Kyushu Electric's shares were up 1.38% at 0445 GMT, outperforming the Nikkei index which was down 0.12%.

(Reporting by Katya Golubkova; Editing by Varun H K)